Write a business report to william cox setting out reason

Reference no: EM132650308

Mandora Cement Pty Ltd owns 90% of Wagait Sand Supplies Pty Ltd and the accountant William Cox is having difficulty understanding the adjustments that are required for the non-controlling interest. He is particularly confused over the need to adjust for intragroup transfers and cannot understand the treatment when it comes to plant and machinery, inventory and a charge from Mandora Cement for management services.

Required

Question 1: Write a business report to William Cox setting out the reason for the adjustments, explaining the treatment of the different transfers and any difference between them.

Reference no: EM132650308

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